4594 Yale Rd Memphis, TN 38128-3724

Property Details for 4594 Yale Rd

Year built

1978

Lot size

1.71 lot acres

Property size

7,166 SF

Zone code

CMU-2

Property type

Strip malls

Property subtype

Neighborhood centers

APN

086-023- - -00020

APU

8602300020

Description

This exceptional 11,000 square foot retail property, located at 4594 Yale Rd in Memphis, Tennessee, presents a compelling investment opportunity. Priced at $895,000 ($81.36/sq ft), this vacant space boasts a prime location within a thriving commercial area. Situated on a 1.71-acre lot, the property benefits from CMU-2 zoning and is ideally positioned in a densely populated residential neighborhood along a major thoroughfare. Its strategic location offers excellent visibility and accessibility, with high traffic counts on both Yale Road (17,024 AADT) and nearby Austin Peay Highway (37,648 AADT). The property enjoys a contiguous location with a new Starbucks and Tropical Smoothie Cafe, sharing access with other established national tenants including Chick-fil-A, Bojangles, Whataburger, Valvoline, and Glide Car Wash. Further enhancing its appeal, the property is directly across the street from a major grocery store and a minute away from the new Raleigh Town Center, which includes a public library, police precinct, and walking trails. This presents a unique chance to capitalize on the strong retail demographics and significant development activity in the area, including a nearby $56 million City of Memphis project. The property's size, location, and surrounding amenities make it an ideal site for a variety of QSR, restaurant, or retail uses.

Location Insight

City

Memphis

County

Shelby

State

Tennessee

Longitude

-89.9101

Latitude

35.2224

CBSA code

32820

CBSA name

MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments